We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Xaar Plc | LSE:XAR | London | Ordinary Share | GB0001570810 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1.50 | 1.33% | 114.50 | 112.50 | 116.50 | 114.50 | 114.50 | 114.50 | 33,114 | 16:35:01 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Commercial Printing, Nec | 72.78M | 1.63M | 0.0208 | 54.33 | 88.8M |
From Apr 2019 to Apr 2024
TIDMXAR
RNS Number : 7683K
Xaar PLC
12 July 2017
12th July 2017
Xaar plc
Trading Statement
Xaar plc ("Xaar", "the Group" or "the Company"), the digital inkjet printing technology group headquartered in Cambridge, UK, announces an update on trading for the six months ended 30 June 2017.
Trading was in line with the Board's expectations, and Xaar expects to report revenue of approximately GBP44 million for the six months ended 30 June 2017. As stated in March, revenue will be more second half weighted than usual with growth anticipated from recently introduced new products.
Xaar is also pleased to announce a Joint Development Agreement with Xerox to develop together the next generation of industrial bulk piezo printheads using the extensive combined resources and IP of both companies. Each company will benefit from the use and commercialisation of the resulting products.
Doug Edwards commented, "I am delighted to announce the collaboration agreement today with Xerox, which is another strategic milestone for Xaar. Through sharing the R&D investment in the next generation bulk piezo platform, the Company will make savings which we will deploy into our sales and marketing function, as we continue to transform the business from an internally focused product company to a market and customer centric business."
The company expects to announce Interim results for H1 2017 on 6 September 2017.
Enquiries:
Xaar plc Lily Liu, CFO +44 (0)1223 423 663 Doug Edwards, CEO www.xaar.com Tulchan Communications James Macey White +44 (0) 207 353 4200 Deborah Roney
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTEFLFFDDFEBBZ
(END) Dow Jones Newswires
July 12, 2017 02:00 ET (06:00 GMT)
1 Year Xaar Chart |
1 Month Xaar Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
